Increased demand for ABS pumps

08.11.2002

The ABS Interim Report January – September 2002: Invoiced sales amounted to 239 MEUR (215), which adjusted for the effects of exchange rate movements is a rise of 11 percent.

Company acquisitions account for 8 percentage points of this figure. Operating earnings rose to 14 MEUR (12 excluding restructuring costs).

The inflow of orders rose by 2 percent for the current structure after adjustment for the effects of exchange rate movements.

In water and wastewater, which is ABS biggest segment, demand increased compared with the corresponding period the previous year. In the building services segment, demand also increased, while in the process industry it was on a par with the previous year.

During the third quarter, a number of major orders were received in Asia, including ones in China for pumps, mixers and compressors for delivery to three treatment plants and for process pumps and mixers for three paper mills. The total value of the orders amounts to 2 MEUR. ABS Nopon compressors worth 0.4 MEUR were sold to a water treatment plant in Korea.

In the USA, orders received included two, together worth approximately 0.9 MEUR, for pumps for a wastewater treatment plant in Connecticut and for a water supply project in North Carolina.

A number of major orders, worth together 2 MEUR, were received in Spain relating to equipment for wastewater treatment. In Slovenia, the pulp and paper maker VIPAP and

a wastewater treatment plant in Maribor bought pumps for a total of slightly more than

0.7 MEUR.

About ABS Pumps

ABS is one of the world’s leading manufacturers of pumps, mixers and aerators specialising in Water & Wastewater, General Industry, Pulp & Paper and Building Services. Our extensive world-wide sales and service companies operate in Europe, North and South America, Africa, Asia and Australia.

Exchanges rates from SEK to EUR: 9.17898 (2002) and 9.15886 (2001)

Source: Sulzer Ltd.

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